2009 (6) TMI 817

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..... hitkara, SDR, for the Respondent. [Order per : B.S.V. Murthy, Member (T)]. M/s. Shree Nathji Industries have filed this application for modification of stay order Nos. S/39-45/WZB/Ahd/2009, dated 07-1-2009. The Tribunal in the above stay order had directed the appellants to deposit an amount of Rs. one crore towards pre-deposit against duty demand of rupees nearly Rs. 5 crores and penalt .....

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..... r Cenvat credit of this amount. Further, he also submits that an amount of Rs. 15 Lakhs has been paid by the appellants with great difficulty in several instalments from 28-2-2009 to 27-3-2009. He also submits that the Tribunal had observed while passing the order that the amount of pre-deposit required is only about 10% and he prays that in view of the availability of Cenvat credit, the pre-depos .....

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